| European Business & Economy Headlines |
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| Xstrata drops bid for platinum miner Lonmin
(AP)
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| AP - Anglo-Swiss mining giant Xstrata PLC dropped its US$10 billion bid for British rival Lonmin PLC on Wednesday, saying the turmoil on the financial markets makes a takeover of the world's No. 3 platinum producer too risky. -- read full article |
| Wed, 01 Oct 2008 11:04:29 GMT - Yahoo! News: Business - European Economy |
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| Global stocks volatile on bailout rejection
(AP)
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| AP - Volatile world stock markets showed mixed reactions Tuesday to U.S. lawmakers' rejection of a $700 billion economic rescue plan, with global investors turning from sellers to buyers as the day progressed.
-- read full article |
| Tue, 30 Sep 2008 23:30:35 GMT - Yahoo! News: Business - European Economy |
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| Wall Street leads recovery from global rout
(AFP)
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| AFP - A powerful Wall Street rally Tuesday helped lift global markets a day after a near-meltdown as investor hopes grew on the prospects for a new US financial rescue package to ease the crisis.
-- read full article |
| Tue, 30 Sep 2008 23:00:46 GMT - Yahoo! News: Business - European Economy |
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| European stocks climb in early trade
(AFP)
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| AFP - European shares rose Wednesday, after gains in Asia and overnight on Wall Street, amid renewed hope that a revised version of a US financial rescue plan would be adopted by Congress.
-- read full article |
| Wed, 01 Oct 2008 08:36:00 GMT - Yahoo! News: Business - European Economy |
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| Russian exchanges fall
(AP)
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| AP - Russian stock indexes sank Tuesday despite the federal market regulator ordering a two-hour trading halt in anticipation of massive fallout from the rejection of a bank bailout in the U.S. Congress. -- read full article |
| Tue, 30 Sep 2008 11:48:56 GMT - Yahoo! News: Business - European Economy |
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| FTSE rises 0.22% on bargain hunting
(AFP)
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| AFP - London's FTSE 100 index of leading shares was up 0.22 percent in late morning deals, lifted by bargain hunting in the wake of a rout across Asia markets and on Wall Street overnight.
-- read full article |
| Tue, 30 Sep 2008 11:47:17 GMT - Yahoo! News: Business - European Economy |
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| FTSE 100 advances
(AFP)
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| AFP - Shares in London closed higher on Tuesday, getting a boost from a rebound on Wall Street as investors hoped another vote on the US financial bailout package will see the plan passed.
-- read full article |
| Tue, 30 Sep 2008 16:23:02 GMT - Yahoo! News: Business - European Economy |
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